The annual shopping holiday known as “Black Friday” allows consumers to get better discounts on products and services. November 24 (also known as “Bitcoin Black Friday”) will provide crypto users with transaction rights when purchasing commodities with digital assets such as Bitcoin. Since the price of Bitcoin has been falling this year, Bitcoin’s Black Friday holiday is in full swing.

Bitcoin Black Friday is back, with various transactions spreading across the global network. Throughout the cryptocurrency winter of 2018 and even 2019, Bitcoin’s anticipated shopping holiday has lost some of its charm. However, this year, due to the huge benefits of the crypto economy, Bitcoin Black Friday customers will find many unique deals.

Spending statistics: look at this year's Bitcoin Black Friday transactions
The website portal bitcoinblackfriday.com.

The popular website bitcoinblackfriday.com is a specific portal that usually attracts bitcoin users looking for transactions. The web portal is larger than usual and showcases active transactions, products related to Bitcoin, hardware wallets, VPN services, artwork, food and beverages, and clothing.

Transactions include products from Trezor, Etoro, Ledger Wallet, Namecheap, Guns N’Bitcoin, Blockchain Kicks, Blockfi, Start9 Labs, Bitsoaps and Bitcoin Magazine physical copies. There are costumes from Atoms, TFTC, Mycryptowatches, Krypto Threadz, Mt Socks and Layer 1.

The bitcoinblackfriday.com website portal also provides educational services, such as “Bitcoin 101”, “How to Obtain and Accept Bitcoin” and “Build a Bitcoin Circular Economy”. Bitcoinblackfriday.com is now associated with Bitcoin Magazine, but it was originally proposed by Bitcoin issuer Jon Holmquist in 2012.

In addition to the world’s largest crypto payment processor portal bitcoinblackfriday.com, Bitpay also announced that it will promote the use of digital assets on Black Friday.

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The company explained in a recent statement: “In order to support crypto users, Bitpay has been working with its trading partners to expand the special offer for purchasing cryptocurrencies on Black Friday, November 27, 2020. “You can access the Bitpay Merchant Directory. Find the complete list, as well as a curated list of other places to spend money on shopping this holiday season. “

Spending statistics: look at this year's Bitcoin Black Friday transactions
Consumers can find “Black Friday” transactions through Bitpay’s merchant directory.

Through the Bitpay merchant directory, consumers looking for Black Friday deals can spend cryptocurrency on Ace Jewelers, Blocklete Games, Hostkey, Inverdiamond, Murf Electric Bikes and Atheist Shoes.

“This is a win-win for crypto users and Bitpay merchants,” said Stephen Pair, Bitpay co-founder and CEO. “As the price of Bitcoin approaches its highest level in history, crypto enthusiasts are looking for a way to make money and spend their income on holiday gifts, and Bitpay merchants hope to attract new buyers this holiday buying season. We expect These special transactions will show merchants and consumers that encryption is one of the fastest and easiest ways to shop.” Bitpay co-founder added.

Spending statistics: look at this year's Bitcoin Black Friday transactions
Users can also look for transactions on the cryptoblackfriday.org website, which showcases merchants that accept various crypto assets such as LTC, BCH and ETH.

Finally, the portal cryptoblackfriday.org is another cryptocurrency supporter of the portal that supports Black Friday transactions.

The website states: “Crypto Black Friday is an online store directory where you can use Bitcoin and other cryptocurrencies to make payments.” “Bitcoin (also via the Lightning Network), Litecoin, Ethereum, Dash, Bitcoin Cash , Ripples, Binance coin [are] Accept it here. The platform was created to celebrate Crypto Black Friday, a one-day event that brought together Bitcoin merchants and Bitcoin users. The Bitcoin user base continues to grow, the Bitcoin payment experience is getting better and better, and the number of cryptocurrency merchants is increasing year by year. “

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At the time of its launch, cryptoblackfriday.org showcased many Bitcoin and crypto asset related stores from companies such as Ellipal, Bitrefill, Namecheap, Cheapair, Bitgear Australia, and Shopify. There are also four different sections to choose from, highlighting products and services, such as electronics, clothing, travel, and gift cards.

For example, in the clothing department, buyers of cryptocurrencies can get discounts from Airbrushcustoms, Jojovo, Dallas Mavericks, and Elliemei. In the field of electronic products, there are deals with companies such as Dish Network, Overclockers UK, Avnet, Openbazaar and Newegg.

This year’s Bitcoin Black Friday has more transactions than in previous years, and merchants may be happy to accept digital assets with such high market prices. Of course, as usual, most of the goods sold on Bitcoin Black Friday are crypto-related, but people can also find many other offers on traditional items.

Since many cryptocurrency enthusiasts and Bitcoin manufacturers have seen their asset value increase many times this year, they may want to spend some of their proceeds on trinkets.

What do you think of Bitcoin Black Friday this year? Let us know your thoughts on this topic in the comments section below.

Tags in this story

abra cryptocurrency, Avnet, Bitcoin Black Friday, bitcoinblackfriday.com, Bitgear Australia, BitPay, Bitpay merchant directory, Bitrefill, Black Friday Deals, Cheappair, cryptoblackfriday.org, Cryptocurrency, Discounts, Dish Network, ellipal, ETH, LTC, Namecheap, Newegg , OpenBazaar, British Overclockers, Shopify, expenditure statistics, Stephen Pair

Picture Credits: Shutterstock, Pixabay, Wiki Commons, cryptoblackfriday.org, bitcoinblackfriday.com, Bitpay,

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